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Business, 07.04.2020 15:44 ari9843

A company owns a 6-year old gear hobber that has a book value of $60,000. The present market value of the hobber is $80,000. A new gear hobber can be purchased for $450,000. Using an insider’s point of view, what is the net fi rst cost of purchasing the new gear hobber?

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A company owns a 6-year old gear hobber that has a book value of $60,000. The present market value o...

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